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Pelosi Statement on Report of the Social Security and Medicare Board of Trustees

April 23, 2012

Contact: Nadeam Elshami/Drew Hammill, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after the Social Security and Medicare Board of Trustees released their annual report on the state of Medicare and Social Security:

“Despite the repeated efforts of Republicans to privatize Social Security and end the Medicare guarantee, these vital initiatives remain strong. Today’s Trustees’ report affirms that Social Security and Medicare will continue to provide critical benefits to seniors and other Americans. Democrats will always ensure they are strengthened, never weakened, as we work to create jobs and grow our economy.

“The report demonstrates that health care reform has strengthened Medicare by extending its solvency; a report today from the Department of Health and Human Services confirms that the Affordable Care Act has also increased benefits and reduced costs for seniors under Medicare, just as Democrats intended it to.

“Medicare remains a bedrock of security for our seniors. Yet once again this year, Republicans have repeatedly voted to end the Medicare guarantee while giving massive tax breaks to millionaires and Big Oil.

“Democrats created Social Security and Medicare; we sustained Social Security and Medicare; we will always protect Social Security and Medicare.”

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Issues:Health Care